Campbell’s Co (CPB)
Operating return on assets (Operating ROA)
| Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Jul 28, 2024 | Apr 30, 2024 | Apr 28, 2024 | Jan 31, 2024 | Jan 28, 2024 | Oct 31, 2023 | Oct 29, 2023 | Jul 31, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 29, 2023 | Oct 31, 2022 | Oct 30, 2022 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,124,000 | 1,154,000 | 1,070,000 | 1,306,000 | 1,187,000 | 1,520,000 | 1,760,000 | 1,870,000 | 1,980,000 | 1,620,000 | 1,575,000 | 1,156,000 | 1,148,000 | 1,226,000 | 1,390,000 | 1,572,000 | 1,392,000 | 1,336,000 | 1,194,000 | 1,081,000 |
| Total assets | US$ in thousands | 14,896,000 | 14,828,000 | 15,910,000 | 16,112,000 | 15,235,000 | 15,235,000 | 15,243,000 | 15,243,000 | 12,106,000 | 12,106,000 | 12,257,000 | 12,257,000 | 12,058,000 | 12,058,000 | 12,073,000 | 11,967,000 | 11,967,000 | 12,177,000 | 12,177,000 | 11,892,000 |
| Operating ROA | 7.55% | 7.78% | 6.73% | 8.11% | 7.79% | 9.98% | 11.55% | 12.27% | 16.36% | 13.38% | 12.85% | 9.43% | 9.52% | 10.17% | 11.51% | 13.14% | 11.63% | 10.97% | 9.81% | 9.09% |
July 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,124,000K ÷ $14,896,000K
= 7.55%
The operating return on assets (ROA) of Campbell’s Co exhibits notable fluctuations over the analyzed period from July 2022 through July 2025. Initially, the operating ROA demonstrates a steady upward trend, rising from approximately 9.09% in July 2022 to a peak of 16.36% in January 2024. This period reflects improving operational efficiency and profitability relative to the company's asset base.
Following this peak, a downward trend emerges, with the operating ROA declining to roughly 7.79% by October 2024. This decline continues into subsequent quarters, with further reductions observed to approximately 6.73% in January 2025 and around 7.55% in July 2025. Such patterns suggest a reduction in operating efficiency or profitability relative to total assets during this latter period.
Overall, the data indicates that Campbell’s Co experienced a period of growth in operational profitability in the early part of the analyzed timeframe, reaching its highest point in early 2024. Subsequently, the company faced a decline in operating ROA, potentially reflecting challenges in operational efficiency, market conditions, or asset utilization in the later periods. This trend of fluctuation highlights the importance of continuous operational review and strategic adjustments to sustain profitability levels.